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that the social media exploded because president obama came on instead of the football game to talk about this event and people called him the "n" word all day. we know there are pockets of crazy people. >> joy: they are crazy, and i got to go. thank you all very much. you can see judy at kung pow kosher comedy on december december 22nd through the 25th. >> kosher comedy.com. >> joy: yes, thanks to all my guests tonight. >> cenk: welcome to the "young turks." i'm worked up today. i'm mad, a big shock right? in my personal life, home a happy go lucky guy. politics makes me angry. >> president obama is about to screw you cutting social security by a gigantic amount. i'm going to show you and prove it to you. i know, i know, he had to do it, oh, bad republicans. i know. we'll talk about that. then the n.r.a. he's shocked and saddened by what happened. is that right? congressman yarnis said this. >> every american family, i will not be silent any longer. >> well there's the congressman. we'll talk in a little bit. that what can we actually do about gun control? that is a real important topic.
the way on issues like same-sex marriage, on issues like even obama's election to the presidency and so many cases. do you think this is an area where young kids are going to say to their parents, get over this nra fixation, be loyal to us kids, not to them? >> i think that's exactly what we're hearing now, and that's why you heard joe manchin from west virginia saying the same thing. you had harry reid, who is quite pro-gun, out there making some favorable noise. a lot of these incoming democratic senators. the question is how long can you sustain that action? we've seen in -- >> i'm with you on that, brother. i know the problem of passion. the people on the far right, on the nra front, never lose their passion. they think about it every day of their lives. they go to bed at night and put their heads on the pillow afraid somebody is going to take that gun away from them. normal people have other interests like their spouses, like their lives, their children, and even their generalized politics isn't all driven by one issue. >> well, what we've seen is this congress operates under crisi
>> this week on moyers & company. >> fundamentally barack obama's pretty conservative. he really is. he's an eisenhower conservative. he's not a liberal. >> i agree 100 percent. i mean, obama has been -- i'm always shocked when people call obama a socialist, because he's -- in fact, i think you might be doing a disservice to eisenhower. >> and -- >> if i can choose to be grateful for my life, love the life i have in the midst of all this, then i can be grateful for other things. >> funding is provided by: carnegie corporation of new york, celebrating 100 years of philanthropy, and committed to doing real and permanent good in the world. the kohlberg foundation. independent production fund, with support from the partridge foundation, a john and polly guth charitable fund. the clements foundation. park foundation, dedicated to heightening public awareness of critical issues. the herb alpert foundation, supporting organizations whose mission is to promote compassion and creativity in our society. the bernard and audre rapoport foundation. the john d. and catherine t. macarthur foundati
american has a tax increase. it's $4 trillion to president obama. i want to prevent that. we need to cut taxes. that is why i think this modifies plan b makes sense. >> if we don't cut spending we're taxing. >> absolutely. absolutely. >> that is ridiculous. >> thank you. thank you for taking time out of your busy nights. thank you. appreciate it. when we come back, david limbaugh, negotiating so what do they think of the speaker's modified plan wb? then, the white house on record about plans they're going after gun rights. jay carney laid it out. let's take a look at what is in store for the second amendment in this country. >> actively supportive of for example senator feinstein's stated intent to revive a piece of legislation that would reinstate the assault weapons ban. >> i think we all know that every income tax filer in america is going to pay a higher rate coming january 1stiwl unles congress acts. so i believe it's important that we protect as manypfl americanñ taxpayers as we can. and our plan b would protect the americanw3 taxpayers who make a million dollars06 or less and 6
government, you're cutting your budget 11% and not only that, in 2009, it was the pelosi, reid, obama budget. and they spent more than a trillion dollars -- 1.5 or 6 trillion more than we brought in, which was around 2.2 or 3 trillion. so why can't we go back to their budget in 2008 and say, you know what? this was pelosi-reid budget. it's been around 2.4, 2.5 trillion. that cuts a trillion over where the president is. let's go to 2008. there is a number of solutions, but spending has got to come down. >> i agree. >> congressman, i agree with congressman gohmert. it's spending. the president is resistant. he wants tax increases and he wants to humiliate, in my opinion, republicans. the biggest danger i in the negotiations on plan a was that the president wanted four years of a blank check, then he's talking about the debt ceiling two years. and now there was talk maybe congressman boehner would give one year of a blank check to the president? tell me that's not true. >> sean, i'm afraid this is exactly the trap that the president would like us to walk into to get republicans to actually supp
for president obama, but words from a president past could offer a new path forward. the lbj connection. >> white house history is my favorite. all that and my spoken word on why another past president had reason for holiday cheer. grab some cocoa. you are in the cycle. >> if you thought the fiscal cliff was a joke, listen to this, john boehner just 45 minutes ago. >> republicans ton to work towards avoiding the fiscal cliff. the president's offer of $1.3 trillion in revenues and $850 billion in spending reductions fails to meet the tests that the president promised the american people a balanced approach. i hope that the president will get serious soon about providing and working with us on a balanced approach. tomorrow the house will pass legislation to make permanent tax relief for nearly every american. 99.81% of the american people. then the president will have a decision to make. he can call on senate and democrats to pass the bill or he can be public superior the largest tax increase in american history. . >> that is all john boehner had to say before walking out. even reporters
is much more difficult than it used to be. meanwhile, president obama is hearing from progressive groups who are unhappy tat white house conceded on the big -- not just the tax issue on the threshold -- moving the threshold from $250,000 to $400,000 but this bigger concession -- the change in this cpi, the lowering the cost of living increases essentially for social security and other government programs. >> we're going to walk away from this place and we're going to make our way up over to the capitol building to let them know that we got something for santa for you. it's your lump of coal. because you've been far too naughty! >> white house congressional aides got an earful from democrats on the hill yesterday about this so-called chained cpi which would reduce benefits for some social security recipients. oregon senator jeff merckley called it a fantasy. arizona congressman raul g. rijalva said it is a beltway figure leaf that i will never support. pelosi's line in the sand was on raising the age on medicare eligibility. that's something she couldn't help do so that's what she took of
. president obama's dual purpose news conference taking questions and even firing back at republicans as fiscal cliff negotiations seem to have once again come to a stand still. the president officially unveiled his next move to find a solution to a "wake up call to deal with gun violence " following the massacre in connecticut. vetoing john boehner's plan b. if current negotiations fall through. >> it actually means a tax increase for millions of working families across the country at the same time as folks like me would be getting a tax break. that violates the core principals that were debated during the course of this election. i'm going to continue to talk to the speaker and the other leaders in congress, but ultimately they have to make sure the middle class taxes do not go up and that we have a balanced responsible package of deficit reduck. it's hard for them to say yes to me. but at some point they have got to take me out of it. think about their voters. >> let me bring in the senior editor mark murray. the headline on our first read this morning was the question, what is boe
would think she wants to testify about. >> eric: we heard president obama or carney. al-qaeda is dead. >> kimberly: that is someone not speaking the truth. al-qaeda and a.q. affiliates are alive and operating today and many terror experts would tell you in fact they are operating with greater strength than region. >> bob: affiliate, someone that used the name. they have direct ties -- >> eric: the media called us crazy to say we were on a story that didn't have legs. apparently it had more legs than they saw. >> kimberly: more legs than a centipede. >> greg: very good. you are learning. the same network said this is a thorough report, the same network avoiding everything we covered. will the media move to another story as if the report excuses them from the table. like it's a letter from a company. letter of apology from company that comes two months later. they moved on and you won't cash in on the coupon. >> dana: like there was a class action lawsuit, they found it four years ago and you get $10. >> bob: you are an analogy man. >> greg: can i make a point? >> eric: >> bob: no. she
the latter. president obama had a lot of his officials, including treasury secretary geiger and others meeting with some business leaders today. including the chamber of commerce and the national association of gun control. they feel that it undercuts the whole compromise that they have been working on. keeping fingers crossed. gerri: i do want to talk to you about your book, "the outpost." just two years in the making, how did you ever find time to write this book? >> well, it became something of a mission for me to tell the stories of these troops. as i told you once privately, i was in the hospital with my newborn son, jack. i looked up in the recovery room and saw this report about an attack on the outpost. [inaudible] it was a devastating attack. a u.s. troops were killed that day. i thought perhaps we need some light shine upon them. gerri: blame both sides of the coin. you find fault with bush and obama. it's not like you're telling the tale from one point of view. >> i try not to. needing the assets and needing the manpower that they need to do. we see the direct result of that
or me? >> bob: you, not me. >> that is it for "the five." see you manana. ♪ ♪ >> president obama cites the connecticut shooting as a reason for republicans to compromise on the fiscal cliff. in a long defense of the white house offer. john boehner explained the plan "b" in less than one minute. this is "special report." ♪ ♪ >> bret: good evening. i'm bret baier. the battle how to avoid going over the fiscal cliff, ramped up as both sides were long on threat and short on movement. if negotiations go up in smoke, as you might imagine, both president obama and speaker boehner insist it's the other guy's fault. as he announced that vice president biden will spearhead the response to the mass shooting in connecticut, president obama hit with series of questions about fiscal cliff. >> if this has done anything, give us perspective. >> twice, he used the gun tragedy, plus sandy to sell the budget plan. >> when you think of what we have gone through over the last couple of months, devastating hurricane. now one of the worst tragedies in our memory. the country deserves folks to be willing
learned president obama is planning on addressing the school tragedy in newton, connecticut. he will hold a briefing at the white house at 8:45, our time, we -- he will announce vice president biden will spearhead an interagency process to form new policies to respond to the school tragedy. abc news plans on carrying a special report when that happens. stay with the abc7 morning news coming up, we'll go live to newtown for more on today's announcement from the president. plus the ongoing remembrances taking place for the victims. >>> needy bay area families are lining up in the frigid cold to get help for the holidays. amy hollyfield is live at glide memorial church in san francisco. >> reporter: check out the crowd behind me this is ellis street they had to shutdown to accommodate all the people lining up. they've created a maze with bar kays to handle owl of the people -- with barricades to handle all of the people. the line started last night after dinner. it doesn't surprise glide officials they say the need is high and especially great among seniors. what did surprise glide officials
from the fire. >>> 7:03. in less than two hours, at 8:45, this morning, president obama will announce a white house effort against gun violence. the president is putting vice president joe biden in charge of it. now, when the president flew to newtown, connecticut after the school shooting, he promised he would do what he could to keep it from happening again. now, ktvu will carry the president's announcement live right here on channel 2 so stay tuned. again, that's scheduled for 8:45 this morning. >>> it happening right now in washington, california senator bar bau broxer has called a news conference. this -- barbara boxer has called a news conference. she will be talking about new legislation she will be introducing to toughen security at schools. we're watching it live. this is where it will happen. ktvu will monitor it and we'll let you know what she has to say when she says it. >>> more funerals are planned today for victims of the connecticut schoal scooting. so far, the -- school shooting. three more children will be buried today. people will pay their respects to vick -- vicki
tomorrow. ♪ lou: good evening, everybody. president obama and house speaker boehner have been forced out of their respective negotiating positions. president obama relenting on his pledge for tax hikes on earners above $250,000 a year raising that threshold to $400,000 annually. that, by the way, just happens to be the same amount of money that the president of the united states is paid each year. speaker boehner agreeing to a tax hike on all earnings over a million dollars per year. the back and forth between speaker boehner and president obama has now gone on for 20 days, at least six offers and counteroffers exchanged in public, and at each point when the negotiations appear to be at an impasse, one of them has managed to make concessions that moved the process forward nonetheless. watching the frame work of a deal take shape, no matter how vague, undefined the terms, it's been enough to excite investors3 on wall street. enough today that the dow jones industrial average posted a second straight triple digit rally and level of trading picking up as well. today, largest total volume in
opposition to president obama's plan to cut more from social security than the military. in an exclusive interview with native american activist leonard peltier from prison. >> there would not allow me to put up a defense -- they would not allow me to put up a defense. they manufactured evidence, witnesses, tortured witnesses. the list goes on. i think i made very good candidate after 37 years for clemency or house arrest. >> all of that and more coming up. this is "democracy now!," democracynow.org, the war and peace report. i'm amy goodman. president obama is expected to announce today vice-president joe biden will head an interagency task force on confronting gun violence in the aftermath of last week's newtown massacre. the news comes one day after white house spokesperson jay carney said obama would support senator dianne feinstein's bid to reinstate the ban on assault weapons. >> he is actively supportive, for example, senator feinstein's stated intent to revive a piece of legislation that would reinstate the assault weapons ban. he supports and would support legislation that addre
in iraq in the first place. if so, why was he working for president obama who stood out there against that war. i have to think that patraeus doesn't understand politics or ideology or he shapes his ideology or accepts the ideology of those who stood against obama from the beginning. this is really strange. someone in the administration better start paying attention to who was getting into the tent and who they are indeed working for. backing the iraq war in the mentality behind it is no small thing. and that's "hardball" for now. thanks for being with us. politics nation with al sharpton starts right now. >> thanks, chris. and thanks to you for tuning in. tonight's lead, take the deal. for weeks, republicans have been playing a juvenile game of chick nl refusing to give in on tax cuts for millionaires. demanded more cuts to the social safety net. today, president obama made it clear to the gop take the deal. >> you are hurting me in order to give another advantage to folks who don't need help. and we had an extensive debate about this for a year. and not only does the majority of the
in good faith and democrats are willing to concede part of the president obama move is he is willing to give in. the president and boehner came forward. >> we have to get through the next week. and get into a deal next year that is a major corporate tax reform pro poeposal and i thinkt what republican ares should do in this. because they are probably not going to get a lot in this. kick the can down the road. parameters. >> i don't love it, but if you put some. >> i'm going to be again one for one. >> one dollar revenue hike for one dollar spent is zero. >> but if you can get something next year, that will be significant. >> the increase in the budget deficit will be a lot in the next few years. >> that is the thing. you get over this hurdle as these ladies were saying, something is going to come out of that. and then you are going to come into more fiscal cliffs. we didn't cut spending so we are going bankrupt. so how is that going to work out? >> right. and that is what i was thinking as you guys were talking. kicking the can down the road. it is not going to work for markets or bu
in the school, it looks bad. they will say why are you doing this? president obama why are you doing this? it has to be the state level. news today, governor donald in virginia said he is looking in to the state level putting social training officer at the schools. that is the way to go. >> greg: freedom costs money. for our freedom, you know, we have to -- at the state and local level it's worth it. >> andrea: we did it enplanes after 9/11. there was talk about secret air marshalls. this school was extremely secure and you had to be buzzed in when you got in. a lot of schools have metal detectors. i do hope that maybe the discussion on mental illness is less stigmatizing. you read blogs about i am shooter's mother. did he have asperger. was he on the autism spectrum? whatever the case, there mother knew there was something wrong. he was burning himself. put yourself in the shoes of that money. very stigmatizing for her and the shooter. to handle that. no mother wants to rat out her son. >> andrea: there are events, not specifically these things like the aurora, colorado thing, that the l
to help make sure this never happens again. the language is similar to president obama's call for meaningful action, but contribution from the nra remains to be seen. but several republican politicians are already headed in the direction of change. michigan governor rick snyder saw republicans in his state legislature pass a bill to allow guns in schools and day care centers. the bill was passed one day before the tragedy in newtown, connecticut. today the republican governor vetoed the bill. according to the detroit news, snyder vetoed the bill because it wouldn't allow schools and other public locations to opt out of its provisions. in the past 24 hours, republican members of congress said that some gun restrictions are worth looking into. senator susan collins of maine, congressman charlie dent of pennsylvania and lindsey graham of south carolina, they are all pro-gun. they are all open to looking at gun control solutions. there is also congressman jack kingston of georgia. in the past, this gentleman has voted to cut down the waiting period, the number of days for gun purc
department response to a fire and in the process discovers a body. >> president obama launching a gun control task force this morning to prevent another tragedy led new town from happening again. and the national rifle association is speaking out. >> cold weather and you can see a clear from the roof cam from van ness. >> severance is go is the mild spot on the map here today. san jose is 35 degrees, oakland is also 35, concord 31 livermore coming in at 30 degrees. you want your readers cranking as temperatures will continue to drop over the next couple of hours. elsewhere in the north bay we have the coldest numbers. 28 for napa and vallejo navato is at the freezing mark with 32. elsewhere we're talking low to mid 30's. it feels like 30 degrees when you factor in the wind chill. napa feels like it is in the mid- 20s. it is definitely a cold start out there. the temperatures are called is in the north bay and the national weather service has issued a freeze warning for that area. frost advisory is also an effect for the bay shoreline and the interior east bay. what this means is that it is re
donation today. >>> at 8:45 this morning. president obama will announce a white house effort to curb gun violence. president obama is putting vice president joe biden in charge of the effort. when president obama went to newtown, connecticut following the school shooting there he promised what he could do to 3re vent such tragedies in the future. >>> congress gets briefed today by the authors of a very critical report at security in benghazi. the independent panel reports the security that killed four americans was grossly inadequate. coming up at 5:15 how secretary of state hillary clinton is responding to the panels criticism. >>> let's get you going this morning. out the door. sal, did you have to sit and warm up the car for awhile? i know you were concerned about black ice on the road. >> that is right. absolutely. warming up the car you might want to warm it up so it's nice temperature inside for you. don't leave the keys in it. and also the black ice possibility just make sure that if you find yourself skidding the worst thing to do is hit the breaks suddenly. you'll pump those bra
will join us later. melissa: president obama has been named person of the year. go figure. [talking over each other] lori: was i on the list for rock. melissa: on top. lori: let's get you updated on the markets. lauren simonetti is covering stocks for us today. >> we go break a two-day winning streak. for the s&p, it has been the best two days in more than a month. we are still a little bit more positive. traders kind of sitting on their hands digesting what we have recently had. if you look at, i say risk on because the sectors that are doing well today are once again energy and thanks. utilities not putting in a good performance today. gm shares are up tremendously right now. they took out their highest level in 19 month old little bit earlier today. this on news that gm is flying back 200 million shares from treasury. back to you. lori: exiting their interest in gm. thank you, lauren. melissa: president obama coming out and saying there is no reason to come over the fiscal cliff. how are we going to get a deal done before christmas? peter barnes is that the white house with more as th
. president obama is about to detail a sweeping effort to curb gun violence. katie marzullo is live in the newsroom with the latest. >> reporter: the issues of school safety and gun control came up shortly after friday's shooting. this morning heavy hitters announcing real plans. 7 a.m. senator boxer will talk about her new legislation to strengthen security at schools. it will provide state and local officials with new resources and tools to help secure campuses. at 8:45, president obama will outline steps his administration will take to tighten gun restrictions that could include a ban on assault-style weapons. the president is putting vice president biden in charge of that. in connecticut today, more funerals. teacher victoria soto will be laid to rest, parents will bury more children. parents say they take comfort in the thought their daughter is with her friends. >> i envision all of them holding hands, they are all together up there with the wonderful principal. >> reporter: the investigation into lanza cnn reporting toxicology tests are underway to determine if he had been ta
, connecticut. while in washington, president obama walked into the white house briefing room named for james brady-- the press secretary critically wounded in the shooting of president reagan in 1981-- to talk about gun violence. >> the fact that this problem is complex can no longer be an excuse for doing nothing. >> ifill: instead, in the wake of the massacre at sandy hook elementary school, mr. obama said, "this time, the words need to lead to action" on gun violence. >> the vast majority of responsible law abiding gun owners would be some of the first to say that we should be able to keep an irresponsible law breaking few from buying a weapon of war. i'm willing to bet that they don't think that using a gun and using common sense are incompatible ideas. there is a big chunk of space between what the 2nd amendment means and having no rules at all. >> reporter: to that end, the president announced vice president biden and an administration team will craft recommendations on everything from gun laws to mental health, to be sent to congress by january. >> this is not some washington commiss
of them or all of them. why? the reason i gravely suspect is to attack president obama for the killing sprees is to argue that the president has a right to stop them from happening. and that is a fact that the right is not willing to concede. and that's "hardball" for now. thanks for being with us. "the ed show" with ed schultz starts right now. >> good evening, americans, and welcome to "the ed show" from new york. the time for common sense gun safety is right now. the country's focused on it. tonight i'll ask a pro-gun republican lawmaker why there is a holdup. this is "the ed show." let's get to work. >> let's go down the path of banning the assault weapon. i think there is a better chance to do that now than ever. >> the gun debate heats up on capitol hill. the president comes out for an assault weapons ban. and the nra makes their first statement following the newtown massacre. tonight republican congressman jack kingston of georgia is here to define his party's message on assault weapons. and congresswoman carolyn mccarthy reacts to the president's statement. >>> social security
will be the fallout for secretary of state hillary clinton? >>> and spidy senses activate, how did president obama get caught in the hero's web? >>> good day, i'm andrea mitchell live in washington. president obama has just held a mini news conference announcing a task force on guns led by joe biden and the state of negotiations which seem to be stalling over the fiscal cliff. joining me, managing editor of postpolitics.com. it was called to discuss the gun task force, but clearly the president wanted to send a signal about the state of play with john boehner and the state of play is that it is not good. >> you know, andrea, i agree broadly with you, although i would say the president did emphasize several times that they are not that far away, he cited a chart in "the new york times" the charts were similar. this is a "you should take the deal" press conference, and you're right, the president knew if he opened up the questions, he would get a fiscal cliff question. one of the things i was struck by was it was very clear the president was going to keep taking questions until he got another question o
's first get to what's going on in washington. this morning president obama is expected to announce that vice president biden will spearhead his administration's response to the newtown shooting. the president is not expected to go into detail on policy decisions. the national rifle association has broken it's silence issuing a statement that reads in part this. the nra is prepared to offer meaningful contributions to help make sure this never happens again. that's significant. >> can i stop for a second there? if progressives, if moderates, if conservatives that are concerned about these magazine clips and assault weapons, if they want to feel self-righteous and scream and yell, they can do it and we won't get a deal. this is like the fiscal cliff. in the end it's like in "lincoln" with the 13th amendment. if the nra comes out and says something like that, instead of everybody going, now that blood's on your hands, you know what? guess what? feel self-righteous. you can save lives, or you can feel self-righteous. beat your chest like jim and tammy faye bakker if that's how you slee
getting some movement on the fiscal cliff, talks apparently have hit a snag. president obama threatening to veto house speaker boehner's proposal plan b. he called obama irrational. where do the two sides stand right now, especially on spending? president obama says the nation has a deep obligation to stop gun violence and appoints vice president biden to lead the administration's effort on this. we'll have the details on that and look at the legal implications for gun manufacturers. and general motors buying back 200 million shares of its own stock from the government. we'll tell you what it means for investors and taxpayers alike. sue herrera down on the floor of the new york exchange. sue. >> it's 12 days to go until america goes off that fiscal cliff. both sides, as you just mentioned, are still sniping at each other. that's one of the reasons why the dow is down slightly. president obama said he would veto the house republican plan b tax proposal designed to avert january 1st tax hikes. the house speaker, mr. boehner, responded by saying that that was irrational and bizarre. john ha
to send a big donation today. >>> at 6:45 this morning president obama will announce a white house effort to curb gun violence. president obama is putting vice president joe biden in charge of the effort. when president obama went to newtown, connecticut following the school shooting there, he promised he would do what he could to prevent such tragedies from happening again. >>> congress gets briefed today by the authors of a critical support of security. the independent panels report the security of the consulate that killed four americans was grossly inadequate. the report blames serious bureaucratic mismanagement at the state department. coming up at 6:15 house secretary of state hillary clinton is responding to that criticism. >>> 6:07. thousands of people lining upright now in san francisco out in the cold. they are looking for some holiday cheer. ktvu brian flores is outside glide memorial church right now. where there are delights waiting for the people who are waiting out in the cold. what is going on? >> reporter: hi, dave. we just got here but in terms of the people that have be
hammer from prison? this is a terrible miscarriage of justice. and president obama should get involved. we'll have the latest from the corporal's parents. >> i know what you're thinking. did he fire six shots or only five? ask yourself one question, do i feel lucky? >> bill: do you recall tradition violent movies and video games incite psychopaths to commit crimes. quentin terrentino and jamie fox are under pressure. we'll tell you what's going on. caution, you are about to enter the no spin zone. "the factor" begins right now. >> bill: hi. i'm bill o'reilly. thanks for watching us tonight's. the truth about guns, murder and children in the usa. that is a subject of this evening's talking points memo. emotions running high after 20 children were murdered in newtown, connecticut. the president, congress and we the people all want to do something constructive to make sure this horror doesn't happen again. the problem, it will happen again no matter what we do. that doesn't mean we should do nothing. however, before acting, let's take a look at the facts. mass shootings in the usa are on
. headlines from president obama, john boehner. is this market a little overbought going at the end of the year? >> for my technical perspective, you're absolutely right. they have eclipsed the upper end, and overbought situation. from my perspective and my colleagues, we are shocked trying to figure out the market moving higher. a lot of it is trying to figure out, we know a deal will get done, the real question is what are the ramifications of the deal and how will that affect earnings. as a guy who follows earnings very closely, we see that the drop year-over-year. it was from government. a noted state tax receipts are down adjusted for inflation 1% from 2,082,012. earnings are down on the top line, where does the bigger earnings growth come from? david: we have manufacturing coming in saying he does see growth in capital equipment so there is a lot of cash, as you well known, companies have been hoarding and they may put the cash to work as texas could down a capital gain is. let me just talk about the volatility index for a second because what you're telling me is there will be
will not waver. >> president obama meanwhile will watch a demonstration wide effort today to create a new policy and at preventing another mass school shooting. >> the president is expected to announce the offer from the white house but no major policy decisions will be announced. >> white house aides say obamas is likely to produce a type of gun laws, including a ban on assault style weapons. >> is also likely to seek ways to improve mental health resources and school safety. >> vice-president joe biden will be spearheading that process. >> dozens of people gathered in pleasanton to emeramaral park to mourn the loss of so many allies in last week's connecticut shooting. >> singing songs, play in lighting candles the bond together to express their pain. >> it was really important for us to gather together to bring it was again the to have a sense of community is best during the holidays i season. >> the pta collected pictures, points, and donations which will be sent to the victims of the family in connecticut. >> fairfield police say, this teen friend to carry out attacks similar to the massacr
". >> social security was not supposed to be part of the deal. president obama has already compromised on social security. what's gone on? well, we are going to find out. what the do you say? hello, everybody. here here we go the full court press this wednesday morning december 19th. great to see you today. thanks for hopping on board the full court press bus as we head off from our nation's capitol all around the country today, every corner of this united states of america bringing you the news of the day. not only that, giving you a chance to sound off. we will put the microphone in your hands. you can tell us what these issues all mean to you. good to see you. thank you so much for joining united states. we are coming to you live from our nation's capitol. our studio right here on capitol hill. just down the street from the united states capitol building. we can see it from here, and they can hear us from there. and hear your voice as well. give us a call at 866-55-press. join the conversation. we will have the first time callers, an army of operate
obama and house speaker john boehner are mulling over thier next moves. the president recently offered to raise his threshold on taxing the wealthy from $250,000 to $400,000. he's also showing signs of supporting a new way to measure inflation when calculating annual cost of living increases in social security benefits. house republican were quick to say it's not enough. both republicans and democrats agree: failing to avert the so- called fiscal cliff-- which includes tax hikes and spending cuts january first--- could push the nation into recession. the treasury is winding down the tarp program. starting in january the u.s. treasury department will begin selling its stakes in almost all of the remaining banks that received bailouts during the financial crisis. four years after the implementation of the troubled asset relief program the government still owns a part of 218 banks. those banks owe taxpayers nearly $8 billion. the government says tarp was always intended to be a temporary measure. key players from wall street may be heading to the whitehouse. according to bloomberg news.
in oakland -- we're live in oakland, paul chambers, ktvu channel 2 news. >>> president obama is pushing ahead quickly with the gun violence. he calls the connecticut school massacre a wakeup call that needs to be addressed with urgency. >> the fact that this problem is comcan no longer be -- is complex can no longer be an excuse for doing nothing. the fact that we can't prevent every act of violence doesn't mean we can't -- >> he introduced a new interagency task force headed up by the vice president. that task force only has a few weeks to put that list together. the president also called on congress to reinstate an assault weapons ban that expired in 2004 to close the gun show loophole that allows gun sales without background checks. and he suggested the possibility of limits on high high-capacity -- on high- capacity risks. >>> during a morning conference, nancy pelosi said now is the time for action and not words. she said it's particularly important to show children across the nation that somebody is being done to protect them. >> we must take action to protect our children from harm, pr
location, that is something to celebrate. he has been here many times, president obama. the very surprised we had of being able to celebrate the first asian mayor of san francisco. it was not my doing, it was all of the people of san francisco saying it is about time we celebrate. thank you to the people of san [applause] i have a very short message. what did i have felt very strongly in my first elected year, but also during my tenure as interim mayor. we have a great deal of celebrate. we also have a great challenge in front of us. there are so many of our asian american friends, iranian friends, friends from the philippines, friends from our japanese-american community, are chinese-american community, waiting for the opportunity to come together to celebrate our diversity, but also to signal to our european friends, our latino france, we are ready to help lead this state. and helped change the conversation and not only celebrate diversity, but use diversity for our strength. that is our strength. i want to signal to you, let's come together, let's use this opportunity to make sure we ca
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